The _____ clause of a contract specifies terms such as current price, prior price, and other criteria that determine how or if prices will be adjusted over the course of the contract.
a. force majeure
b. most favored customer
c. key performance indicators and compensation
d. payment
e. intellectual property
Question 2
An item cost 20 to produce. The retailer sold the product for 79 . It had cost the retailer 50 . The wholesaler had paid 34 for the product. The list price of the product was 100 . The total of the dollar gross margins received by the manufacturer, wholesaler, and retailer amounts to:
a. 50.
b. 63.
c. 59.
d. 80.
e. 29.
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